Commercial Loan

By
Mortgage and Lending with Ulysses Fletcher Mortgage Services

Commercial Mortgage Loans

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Commercial mortgage loans differ from residential mortgages primarily because they're used to finance commercial property. The property may technically be a residence, but if it's used as a commercial venture - for example, a large apartment building rented out for its income potential - a commercial real estate loan is generally required. There are two types of Commercial Loans: Owner Occupied and Investment (Non-Ownwer Occupied).

National Commercial Property Loans provides financing for a variety of Commercial Properties:

  1. Recourse or Non-Recourse loans available
  2.  Purchase
          A.   $500,000 to $25,000,000
          B.   CLTV's up to 90%
  3.  Refinance
          C.   Rate and Term
                   i.   LTV up to 80%
          D.   Cashout
                   i.   LTV up to 75%
                   ii.  $500,000 to $25,000,000
  4.  Construction
          E.   $1,000,000 to $25,000,000
          F.   Conventional LTV up to 80%
          G.   One time close loans available
          H.   SBA loans up to 90% CLTV
  5.  Types of properties
         . 
  • Multifamily / Apartments
  • Senior Living and Assisted Living
  • Gas Stations/ C Stores / Car Washes
  • Self-Storage

      .   Hotel / Motel
      .  Light Industrial
      .  Mixed use
      .  Mobile Home Parks
      .  Office
      .  Retail
      .  Self Storage
      .  Warehouse
      .  Industrial
      .  Day Care
      .  Restaurants
      .  Many others also available

Contact:Ulysses Fletcher Mortgage Services (404)421-4783 or email:ulyssesfletcher@numail.org.

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